Daily Current Affairs 23 August 2023, Important News Headlines (Daily GK Update)

Table of Contents

Read the most important current affairs of 23 August 2023. Today Current Affairs covers the headlines on Thailand Prime Minister, ‘IRIS’ Mobile App, National Green Tribunal, EC’s national icon, Chandrayaan-3.

Top 10 Current Affairs and News Headlines of 23 August 2023

International News

1.Srettha Thavisin Elected As Thailand Prime Minister

Thai property tycoon Srettha Thavisin has been elected as the new prime minister of Thailand following a decisive win in a parliamentary vote. The 60-year-old Thavisin’s victory in the parliamentary vote, with the support of two-thirds of the assembly, ends weeks of political uncertainty that followed an election held 100 days ago.
Srettha Thavisin after completing his studies in 1986, embarked on his professional path, assuming the role of an assistant product manager at Procter & Gamble. This initial chapter of his career spanned a duration of four years, during which he gained valuable insights and experience.
He is the co-founder of Sansiri, one of Thailand’s foremost real estate development companies, leaving an indelible mark on the industry.

Banking News

2.Yes Bank Launches All-In-One ‘IRIS’ Mobile App

In a significant leap forward for India’s digital banking landscape, YES BANK has introduced its groundbreaking mobile banking app, IRIS by YES BANK.
This innovative app is poised to redefine the way customers engage with their financial institutions, offering an unparalleled combination of convenience, efficiency, and personalization. With over 100 features and services available at the touch of a button, iris by YES BANK represents a quantum leap in digital banking.
The app’s sleek and intuitive user interface is crafted to provide a simplified banking experience that appeals to users of all age groups and backgrounds. Beyond its user-friendly design, the app is fortified with state-of-the-art safety features, including Biometric Authentication, Sim-Binding, and a 2-factor Verification system, ensuring utmost security for customers’ financial data.

Business News

3.LIC Acquires 6.7% Stake In Jio Financial Services Via RIL De-Merger Action

Life Insurance Corporation (LIC) has announced its acquisition of a 6.7% stake in Jio Financial Services (JFSL), a non-banking financial services unit that emerged from the conglomerate helmed by Mukesh Ambani – Reliance Industries.
The acquisition, carried out through a demerger action by Reliance Industries, is poised to have a notable impact on both entities and the broader financial markets.
Jio Financial Services made its debut on the stock exchanges on August 21. The company, post-listing, boasted a market capitalization of approximately Rs 1.60 lakh crore. However, the stock experienced a downward trajectory for two consecutive session which led to discussions regarding the market’s reaction to the demerger and the implications of this volatility on the company’s valuation.

Important Days News

4.International Day for the Remembrance of the Slave Trade and its Abolition

International Day for the Remembrance of the Slave Trade and its Abolition is observed on August 23. 2023 Theme: “Fighting slavery’s legacy of racism through transformative education”.
It commemorates the day when an uprising began in Saint Domingue, now called Haiti, on August 23, 1791, against the slave trade. Haiti was a French settlement and a centre of the slave trade across Europe. The uprising led to a revolution against the rulers of the country.
The International Day for the Remembrance of the Slave Trade and its Abolition is an important day to remember the victims of the slave trade and to reaffirm our commitment to fighting racism and discrimination. It is also a day to celebrate the progress that has been made and to recommit ourselves to building a more just and equitable world.

Appointments News

5.Sachin Tendulkar to be EC’s national icon

Former Indian cricketer Sachin Tendulkar will become a “national icon” of the Election Commission (EC) and spread awareness regarding the need for greater voter participation in the electoral process.
The poll body will sign a Memorandum of Understanding with Mr. Tendulkar in the national capital on Wednesday. It will be a three-year agreement as part of which the cricketing legend will spread voter awareness.
The EC’s decision to appoint Tendulkar as its national icon is a significant step towards encouraging greater voter participation in India. Tendulkar’s popularity and influence among the youth make him a powerful force for good, and he is sure to make a positive impact on the electoral process.

6.Justice Prakash Shrivastava appointed as NGT chairperson

Justice Prakash Shrivastava has been appointed as Chairperson of National Green Tribunal (NGT). After the former Chairperson Justice A.K Goel retired. After the former Chairperson Justice A.K Goel retired in July, Justice Sheo Kumar Singh was appointed as the Acting Chairperson. Justice Srivastav Enrolled as Advocate on February 2, 1987.
He Practised on Tax, Civil and Constitutional sides in the Supreme Court of India at New Delhi. He was later appointed as a Judge of the High Court of Madhya Pradesh on January 18, 2008 and became a permanent Judge on January 15, 2010.

Sports News

7.Khelo India Women’s League To Be Known As Asmita Women’s League

Anurag Singh Thakur, the Union Minister for Youth Affairs and Sports, has unveiled that the esteemed Khelo India Women’s League will be recognized as the “Asmita Women’s League” from now on.
The new name, “Asmita Women’s League,” carries a profound meaning. ASMITA stands for “Achieving Sports Milestone by Inspiring Women Through Action”, encapsulating the spirit of resilience, determination, and achievement that defines women athletes across the nation.
Mr. Thakur took to social media to commend the entire Khelo India team for their visionary concept of the Asmita Women’s League. He also expressed his appreciation for the development of the Asmita Portal and its new logo, recognizing these advancements as significant steps towards the digital transformation of Indian sports.

Science and Technology News

8.Chandrayaan-3 Soft Landing on the Moon

Chandrayaan-3, India’s lunar exploration mission, is set to achieve a critical milestone – a soft landing on the moon’s surface. This achievement would make India the only country to successfully accomplish this feat.
Chandrayaan-3 aims to demonstrate safe and gentle landing, rover mobility, and scientific experiments. A soft landing involves controlled descent at a gentle speed to prevent spacecraft damage upon landing.

9.Chandrayaan-3 vs Lunar-25

Two remarkable missions – Lunar 25 and Chandrayaan-3 undertaken by Russia and India respectively, epitomize the relentless pursuit of knowledge beyond Earth’s boundaries.
Lunar-25 boasts a liftoff weight of approximately 3,860 lbs (1,750 kg), a considerable portion of which is propellant, essential for its landing and maneuvering on the lunar surface. In comparison, the Chandrayaan-3 Vikram lander, weighing 3,862 lbs (1,752 kg), includes the 57 lbs (26 kg) Pragyan rover as part of its ensemble.
Lunar-25’s scientific prowess lies in its array of eight science instruments, among them the Lunar Manipulator Complex (LMK), designed for excavating lunar regolith. Chandrayaan-3’s Vikram lander, on the other hand, is geared to maximize its operational window on the Moon’s surface. Equipped with four science payloads, one of its key objectives involves inserting a thermal probe into the lunar soil to a depth of around four inches (10 centimeters).

Miscellaneous News

10.India’s First Hydrogen Bus Hits the Public Roads in Leh, Ladakh

NTPC Limited, a prominent Maharatna Public Sector Undertaking (PSU) operating under the Ministry of Power (MoP), has embarked on a groundbreaking venture by launching the trial of India’s inaugural hydrogen bus in the picturesque region of Leh, situated in the Union Territory (UT) of Ladakh.
This remarkable endeavor not only marks the country’s first utilization of hydrogen buses on public roads but also reflects NTPC’s commitment towards fostering sustainability and reducing carbon emissions.
The maiden hydrogen bus has arrived in Leh, symbolizing the commencement of a significant three-month-long process. This process encompasses rigorous field trials, comprehensive roadworthiness assessments, and essential regulatory clearances, all of which are vital steps towards integrating hydrogen-powered buses into Ladakh’s transport ecosystem.

Important Current Affairs of 23rd August 2023

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